Arbitrum revenue from Robinhood Chain nears its annual network fees

Arbitrum is seeing significant revenue growth through its partnership with Robinhood Chain, with the 10% revenue share from the latter over two months nearly matching Arbitrum's total network fee income for the year. While this "pick-and-shovel" business model has fueled a 135% surge in ARB price over the past 30 days, the revenue currently flows into the Arbitrum DAO treasury and developer guild rather than direct token buybacks. Market participants remain focused on the sustainability of Robinhood Chain's high gas fees and the upcoming release of 92.65 million ARB tokens scheduled for September 16.